JP Morgan Initiates Energy Transfer Partners With Outperform

Analysts at JP Morgan initiated coverage on Energy Transfer Partners LP ETP with a Outperform rating. The target price for Energy Transfer Partners is set to $72. Energy Transfer Partners shares have gained 3.18 percent over the past 52 weeks, while the S&P 500 index has surged 10.86 percent in the same period. Energy Transfer Partners' shares fell 1.44 percent to $56.95 in after-hours trading.